Molson-Coors

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Molson Coors Beverage Company
FormerlyMolson Coors Brewing Company (2005–2019)
TypePublic
IndustryDrink industry
FoundedFebruary 9, 2005 (2005-02-09)
HeadquartersAdministrative offices:Chicago & Prague
Principal offices: Golden, Colorado and Montréal, Québec
Key people
ProductsBeer, malt beverages, energy drinks, spirits and wines
RevenueDecrease US$13.0 billion (2025)
Decrease US$−2.3 billion (2025)
Decrease US$−2.1 billion (2025)
Total assetsDecrease US$22.7 billion (2025)
Total equityDecrease US$10.2 billion (2025)
Number of employees
16,200 (2025)
Divisions
Subsidiaries
Websitemolsoncoors.com
Footnotes
[2]

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company. The company is the fifth-largest brewer worldwide by beer output.[3] Its operational headquarters are in Chicago for its Americas segment and Prague for its EMEA segment and its principal executive offices are in Golden, Colorado and Montréal, Québec.[2]

Notable Molson Coors brands include Blue Moon, Carling, Coors Banquet, Coors Light, George Killian's Irish Red, Granville Island Brewing, Hamm's, Hop Valley, Icehouse, Jelen, Keystone, Leinenkugel's, Miller High Life, Miller Lite, Milwaukee's Best, Molson Canadian, Molson Export, Ožujsko pivo, Staropramen, Steel Reserve, Terrapin, Trebjesa brewery, Vizzy Hard Seltzer, Madrí, and Zoa energy.[2] Breweries owned include the Molson Brewery in Longueuil, Quebec, Blue Moon Brewing Company in Denver, Colorado, Borsod Brewery in Bőcs, Hungary, Coors Brewery in Golden, Colorado, Creemore Springs in Creemore, Ontario, Fraser Valley Brewery in Chilliwack, British Columbia, Leinenkugel Brewery in Chippewa Falls, Wisconsin, Miller Brewery in Milwaukee, Wisconsin, Pardubice Brewery in Pardubice, Czech Republic, Staropramen Brewery in Prague, Czech Republic, and Coors Brewers in Burton upon Trent, England.

Molson Coors was formed in 2005 through the merger of Molson of Canada and Coors of the United States.[4] In 2016, Molson Coors acquired Miller Brewing Company for approximately US$12 billion.[5]

History

In July 2004, Molson Brewery and Coors Brewing Company announced a merger to form Molson Coors Brewing Company; it was completed in February 2005.[6] Molson Brewery was started by John Molson in Montreal in 1786. Coors Brewing Company was started by Adolph Coors in Golden, Colorado, in 1873.

Molson Coors acquired Creemore Springs Brewery in April 2005.[7][8]

The operations of Molson Coors in Brazil were sold to FEMSA in 2006.[9]

In June 2008, SABMiller and Molson Coors Brewing Company combined their U.S. brewing operations in a joint venture, MillerCoors. SABMiller had 58% stake in the company, and Molson Coors had a 42% stake.[10][11]

In February 2011, the company purchased Sharp's Brewery of Cornwall in England for £20 million.[12]

In June 2012, the company expanded into the Central and Eastern European markets by acquiring StarBev from CVC Capital Partners.[13][14]

In September 2015, Anheuser-Busch Inbev announced a merger with SABMiller. To gain regulatory approval, the U.S. Department of Justice required the company to sell its stake in MillerCoors, including Miller Brewing Company; the stake was acquired by Molson Coors in October 2016.[15][16][17] The deal made Molson Coors the largest brewer in North America.[18]

In January 2018, the company acquired Aspall Cider.[19][20]

In October 2019, the company announced it would change its name to Molson Coors Beverage Company as a part of a restructuring to take place in 2020.[21] The name change would reflect the company's growing focus on beverages outside of the traditional beer and brewing offerings. The company also retired the MillerCoors corporate brand name and reorganized its global business units into Molson Coors North America, with administrative headquarters in Chicago, and Molson Coors Europe, with administrative headquarters in Prague.[22][23]

On February 26, 2020, in the Milwaukee brewery shooting, six people, including the shooter, were killed at a shooting near the company's Milwaukee brewing campus, a site for some of the company's corporate offices and brewing facilities and previously the headquarters for the Miller Brewing Company before it was acquired by Molson Coors.[24][25][26]

In September 2020, Molson Coors and D. G. Yuengling & Son announced a joint venture to brew and package Yuengling beers in select Molson Coors’ breweries under Yuengling brewers’ supervision, and distribute them into new markets.[27][28]

Molson Coors began offering whiskey including Five Trail Blended American Whiskey in 2021 and Barmen 1873 Bourbon in 2022. In August 2023, Molson Coors acquired Blue Run, a whiskey company based in Georgetown, Kentucky. It then established a new division, Coors Spirits Co.[29][30]

In November 2024, the company acquired a majority stake in Zoa energy drinks.[31]

In December 2024, the company acquired Cruz Blanca.[32]

In January 2025, the company acquired an 8.5% stake in Fever-Tree Drinks.[33]

In September 2025, Rahul Goyal was appointed CEO of the company.[34]

In late 2025, the company eliminated 400 salaried positions in the Americas, approximately 9% of its workforce in that division.[35][36]

In April 2026, the company acquired Atomic Brands, which makes Monaco Cocktails.[37]

References

  1. "Montreal plans to turn Molson Brewery site into residential neighbourhood". CTV News. December 11, 2024.
  2. "Molson Coors Brewing Company 2025 Form 10K Annual Report". United States Securities and Exchange Commission. February 18, 2026.
  3. "TOP 40 BREWERS" (PDF). Barth Haas.
  4. "Molson announces $6B US merger deal with Coors". CBC News. July 22, 2004.
  5. Brown, Lisa (October 11, 2016). "A-B InBev finalizes $100B billion acquisition of SABMiller, creating world's largest beer company". Chicago Tribune.
  6. Bowers, Simon (February 10, 2005). "Molson and Coors join in £1.8bn deal". The Guardian.
  7. "Molson buys Creemore Springs Brewery". CBC News. April 22, 2005. Archived from the original on November 7, 2012.
  8. "Molson buys Creemore". The Globe and Mail. April 22, 2005.
  9. Hunt, Katherine (January 16, 2006). "Molson Coors sells 68% stake in Brazil ops to Femsa". MarketWatch.
  10. "MillerCoors merger is completed". NBC News. Associated Press. July 1, 2008.
  11. Martin, Andrew (October 10, 2007). "Merger for SABMiller and Molson Coors". The New York Times.
  12. "Beer giant pays £20m for Sharp's". BBC News. February 2, 2011.
  13. "Molson Coors completes StarBev purchase". American City Business Journals. June 18, 2012.
  14. Esterl, Mike (June 5, 2012). "Brewer Was Late to the Party". The Wall Street Journal.
  15. Nurin, Tara (July 20, 2016). "DOJ Approves Largest Beer Merger In Global History, With Significant Conditions". Forbes.
  16. Brown, Lisa (October 11, 2016). "A-B InBev finalizes $100B billion acquisition of SABMiller, creating world's largest beer company". Chicago Tribune.
  17. Wright, Lisa (November 11, 2015). "Molson Coors doubles with $12B Miller buyout". Toronto Star.
  18. Dill, Molly (October 10, 2016). "Anheuser-Busch to complete acquisition of SABMiller today". Milwaukee Business News.
  19. "Aspall cider sold to US beer giant". BBC News. January 7, 2018.
  20. Robinson, Nicolas (January 8, 2018). "Molson Coors snaps up Aspall Cyder".
  21. Handley, Lucy (October 31, 2019). "Molson Coors drops 'Brewing Co' from its name as it looks beyond beer". CNBC.
  22. La Monica, Paul R. (October 30, 2019). "Molson Coors changes its name and will cut up to 500 jobs". CNN.
  23. Naczek, Margaret (October 30, 2019). "Molson Coors Dropping Miller Name as It Rebrands the Company". American City Business Journals.
  24. "Multiple fatalities confirmed in attack near Milwaukee Molson Coors campus". WTMJ-TV. Milwaukee: E. W. Scripps Company. February 26, 2020. Archived from the original on February 26, 2020.
  25. Antlfinger, Carrie; Ehlke, Gretchen (February 26, 2020). "5 killed in mass shooting at Molson Coors campus in Milwaukee before gunman takes his own life". Chicago Tribune. Associated Press. Archived from the original on February 27, 2020.
  26. "Police: Gunman killed 5 at Milwaukee brewery complex". WJXT. Jacksonville, Florida: Graham Media Group. Associated Press. February 26, 2020. Archived from the original on February 27, 2020.
  27. "Yuengling and Molson Coors Form Joint Venture to Expand Geographic Footprint of Yuengling Beers" (Press release). PR Newswire. September 15, 2020.
  28. Arthur, Rachel (September 16, 2020). "Yuengling & Molson Coors form JV". William Reed Ltd.
  29. Bica, Alissa (August 14, 2023). "Molson Coors Establishes Coors Spirits Co". Wine & Spirits.
  30. Naczek, Margaret (August 8, 2023). "Molson Coors acquires spirits company". American City Business Journals.
  31. Casey, Chris (November 7, 2024). "Molson Coors buys majority stake in Zoa energy drinks". Industry Dive.
  32. Holland, Fiona (December 3, 2024). "Molson Coors snaps up Cruz Blanca". Just Drinks.
  33. Susin, Michael (January 30, 2025). "Beer Giant Molson Coors Buys Stake in Mixer-Maker Fever-Tree". The Wall Street Journal.
  34. Guilfoil, Jackson (September 22, 2025). "Molson Coors appoints Coors veteran to be CEO, president". American City Business Journals.
  35. Hart, Connor (October 20, 2025). "Molson Coors to Cut 9% of Americas Workforce in Restructuring". The Wall Street Journal.
  36. Kirchen, Rich (February 19, 2026). "Molson Coors hits goal of cutting 400 positions". American City Business Journals.
  37. Kirchen, Rich (April 3, 2026). "Molson Coors expands 'beyond beer' roster with cocktail brand". American City Business Journals.